Applied Materials stock slips despite Q3 earnings, revenue beat

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 38 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 63%

Applied Materials News

Seana Smith,Brad Smith,Revenue Expectations

Shares of Applied Materials (AMAT) are slipping despite topping third quarter earnings and revenue expectations. Morning Brief Hosts Seana Smith and Brad...

Shares of applied materials actually moving lower this morning right now in pre market.China sales did account for a smaller portion of the company's total revenue than projected.

Uh for all you mobile phone users out there and the handset users, which is like everybody L CD equipment spending remains low. And in terms of why we are seeing a bit of a reaction here to the downside off just about 3.5% ahead of the opening bell might be a bit of a surprise when you're just taking a look at these numbers at face value.

So the fact that they did not raise our guidance, I think very much viewed as a disappointment here to the street this morning.BERLIN — An investigation found no evidence that the water supply at a major air force barracks in western Germany was tampered with, the country's Defense Ministry said Friday, two days after the facility was sealed off for hours over fears of possible sabotage.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Applied Materials posts Q3 earnings beatApplied Materials (AMAT) reported third quarter results that topped Wall Street estimates on both the top and bottom lines. Adjusted earnings of $2.12 per...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Town says company planning to open halfway house in Whitby has not applied for a licenseThe Town of Whitby is addressing rumours that a halfway house is being opened up for parolees in the town. Mayor Elizabeth Roy issued a statement on Wednesda
Source: DurhamRadioNews - 🏆 70. / 51 Read more »